A 5.98% daily surge on $ETH hides a crucial volume dip.
The latest hourly volume sits at 0.82x of the 23-hour average, signaling cooling participation near the $2450 high.
If buyers reclaim $2450 with expanding volume, continuation toward higher range limits becomes viable. However, if the price drops below the $2226.44 low, the recent advance fails.
Will a confirmed breakout above $2450 convince you of sustained momentum, or does the subdued hourly volume suggest an invalidation near $2226.44 is more likely?
Tap $ETH for the live chart. #ETH #BinanceSquare
The latest hourly volume sits at 0.82x of the 23-hour average, signaling cooling participation near the $2450 high.
If buyers reclaim $2450 with expanding volume, continuation toward higher range limits becomes viable. However, if the price drops below the $2226.44 low, the recent advance fails.
Will a confirmed breakout above $2450 convince you of sustained momentum, or does the subdued hourly volume suggest an invalidation near $2226.44 is more likely?
Tap $ETH for the live chart. #ETH #BinanceSquare